Bayhorse Closes Final Tranche of Non-Brokered Private Placement
April 16, 2019 BHS2019-10
BAYHORSE CLOSES FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
Bayhorse Silver Inc., (“Bayhorse” or the “Company”) BHS: TSX -V, announces that, subject to final
TSX-V Exchange approval, the Company has closed the final tranche of 850,000 Units, for gross
proceeds of $ 85,000.00, of its previously announced non -brokered private placement for up to
7,500,000 Units at $0.10 per Unit.
Each C$0.10 Unit consists of one (1) common share and one (1) transferable common share purchase
warrant, with each warrant exercisable into one (1) common share of the Company at an exercise price
of $0.15 cents, exercisable for a period of 24 months from the date of issuance.
The funds raised are for the purpose of optimizing the silver recovery from the upgrading, processing
and refining of silver mineralization delivered to Mineral Solutions LLC, of Coeur d Alene, Idaho,
(BHS2019-08) from the Bayhorse Silver Mine, as well as for general and administrative costs.
The securities distributed under the final tranche are subject to a four month hold expiring on August
16, 2019.
A finder’s fee of $1,400 and 14,000 finder’s warrants on the same terms as the private placement
warrants was paid on a portion of the private placement.
This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors,
which accepts full responsibility for its contents.
On Behalf of the Board.
Graeme O'Neill, CEO
604-684-3394
Bayhorse Silver Inc., a junior exploration company, has earned 100% interest in the historic
Bayhorse Silver Mine Oregon, USA. and has optioned the Brandywine, precious metals rich,
volcanogenic massive sulphide property located in BC, Canada. The Company has an experienced
management and technical team with extensive exploration and mining expertise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.